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NAMA WORKERS' UNION CANCELS STRIKE

ZAGREB, June 12 (Hina) - Shop assistants' union in NAMA - a chain of stores - on Monday announced it would not go on strike, which was announced for Tuesday. Following Monday's talks with NAMA management, the union SRTN said they gave up the industrial action due to be held tomorrow. Today the management promised to notify the SRTN by Friday about the date for the payment of three back salaries and the amount which is going to be paid to employees. The management assumed the commitment to submit to a co-ordination body - consisting of officials of the Croatian Privatisation Fund, the Economy Ministry and the Privredna Bank Zagreb - a programme of re-organisation of this company in the pre-bankruptcy procedure and that during that time it would try to get guarantees for the payment of redundancy money to workers who will be laid off. A part of NAMA employees announced that strike protesting against a decision of the NAMA su
ZAGREB, June 12 (Hina) - Shop assistants' union in NAMA - a chain of stores - on Monday announced it would not go on strike, which was announced for Tuesday. Following Monday's talks with NAMA management, the union SRTN said they gave up the industrial action due to be held tomorrow. Today the management promised to notify the SRTN by Friday about the date for the payment of three back salaries and the amount which is going to be paid to employees. The management assumed the commitment to submit to a co-ordination body - consisting of officials of the Croatian Privatisation Fund, the Economy Ministry and the Privredna Bank Zagreb - a programme of re-organisation of this company in the pre-bankruptcy procedure and that during that time it would try to get guarantees for the payment of redundancy money to workers who will be laid off. A part of NAMA employees announced that strike protesting against a decision of the NAMA supervisory board to reject a rehabilitation programme for the company and initiate bankruptcy procedures. (hina) ms

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